Table of Contents
Gold Prices in India – August 24, 2024: A Detailed Overview
Introduction
Gold has long been a treasured asset and a reliable investment, particularly in times of economic uncertainty. Its value often serves as a hedge against inflation and currency fluctuations. For investors and consumers alike, staying informed about the latest gold prices is essential. On August 24, 2024, gold prices in India reflect current market trends and fluctuations. This article provides a comprehensive look at today’s gold prices across various karatages and major Indian cities, helping you make informed decisions whether you’re buying or selling gold.
Current Gold Prices
As of August 24, 2024, the gold prices in India are as follows:
- 22 Karat Gold: ₹6,695 per gram
- 24 Karat Gold (also known as 999 Gold): ₹7,304 per gram
- 18 Karat Gold: ₹5,478 per gram
These prices represent the value of gold per gram and have seen slight increases compared to previous days. The price of gold can fluctuate based on a variety of factors including market demand, geopolitical events, and economic conditions.
Detailed Price Breakdown
Here’s a detailed look at the gold prices for various karatages and quantities:
22 Karat Gold Rate:
| Quantity | Today’s Price | Yesterday’s Price | Change |
|---|---|---|---|
| 1 gram | ₹6,695 | ₹6,660 | +₹35 |
| 8 grams | ₹53,560 | ₹53,280 | +₹280 |
| 10 grams | ₹66,950 | ₹66,600 | +₹350 |
| 100 grams | ₹6,69,500 | ₹6,66,000 | +₹3,500 |
24 Karat Gold Rate:
| Quantity | Today’s Price | Yesterday’s Price | Change |
|---|---|---|---|
| 1 gram | ₹7,304 | ₹7,265 | +₹39 |
| 8 grams | ₹58,432 | ₹58,120 | +₹312 |
| 10 grams | ₹73,040 | ₹72,650 | +₹390 |
| 100 grams | ₹7,30,400 | ₹7,26,500 | +₹3,900 |
18 Karat Gold Rate:
| Quantity | Today’s Price | Yesterday’s Price | Change |
|---|---|---|---|
| 1 gram | ₹5,478 | ₹5,449 | +₹29 |
| 8 grams | ₹43,824 | ₹43,592 | +₹232 |
| 10 grams | ₹54,780 | ₹54,490 | +₹290 |
| 100 grams | ₹5,47,800 | ₹5,44,900 | +₹2,900 |
Note: The above gold rates are indicative and do not include GST, TCS, and other levies. For the most accurate rates, please consult your local jeweller.
Gold Prices in Major Indian Cities
Gold prices can vary slightly depending on the city due to local taxes and transportation costs. Here’s a snapshot of today’s gold prices across major Indian cities:
| City | 22K Price (per gram) | 24K Price (per gram) | 18K Price (per gram) |
|---|---|---|---|
| Chennai | ₹6,695 | ₹7,304 | ₹5,478 |
| Mumbai | ₹6,695 | ₹7,304 | ₹5,478 |
| Delhi | ₹6,710 | ₹7,319 | ₹5,490 |
| Kolkata | ₹6,695 | ₹7,304 | ₹5,478 |
| Bangalore | ₹6,695 | ₹7,304 | ₹5,478 |
| Hyderabad | ₹6,695 | ₹7,304 | ₹5,478 |
| Kerala | ₹6,695 | ₹7,304 | ₹5,478 |
| Pune | ₹6,695 | ₹7,304 | ₹5,478 |
| Vadodara | ₹6,700 | ₹7,309 | ₹5,482 |
| Ahmedabad | ₹6,700 | ₹7,309 | ₹5,482 |
Conclusion
Gold continues to be a valuable asset for both investors and consumers in India. On August 24, 2024, the prices for 22K, 24K, and 18K gold have experienced modest increases, reflecting ongoing market trends. Whether you are planning to invest in gold or simply need to understand the current market rates for buying or selling, keeping track of these daily fluctuations can help you make informed decisions. For precise pricing and transactions, always consult with a trusted jeweller in your area.
Read more at: GoldPrice.org – Gold Price in India:
https://www.goldprice.org/gold-price-india.html
Real-time gold price updates and historical data for India.
